The State of CUSOs: Man on the Street Reporting

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LAKE BUENA VISTA, Fla. — When CU Times asked some of the attendees at NACUSO’s annual conference to share a few thoughts about the state of CUSOs, the responses were diverse, but the passion was consistent.

After $400 billion vanished, lawsuits quickly filled the void, including two class actions filed in the Southern District of Florida.These cases present the Southern District of Florida with an opportunity to serve as the first federal court to publish decisions on digital currency issues, including whether these currencies are securities, commodities, or an altogether new class of assets.